Top ASX Dividend Paying Growth Stock to Buy Now - Sydney

Monday, 7 April 2025

Item details

City: Sydney, New South Wales
Offer type: Offer

Contacts

Contact name Veye Pty Ltd
Phone 290524957

Item description

"If investors were to screen ASX listed companies, they would come across very few growth oriented dividend paying companies. However, this stock suits passive income investors and long term investors alike.
Telstra Group Limited (ASX: TLS)
On February 20, 2025, Telstra Group Limited (ASX: TLS) and Telstra Corporation Limited (ASX: TL1) released their financial and operational performance report for the first half of the fiscal year 2025 (H1 FY25). The report established continued growth, strategic advancements, and the company’s commitment to delivering value to its stakeholders. TLS is among the growing companies to invest in having delivered a fourth consecutive year of first half underlying growth indicating momentum. Telstra Group Limited has reported strong growth for the first half of FY25, with key financial metrics showing positive trends. EBITDA rose by 6.0%, reaching $4.2 billion, while profit for the period grew by 7.1%, amounting to $1.1 billion. Earnings per share (EPS) also increased by 6.0% to 8.9 cents. The company remains confident in its financial outlook and has kept its full-year guidance unchanged.  

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